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Loonie Slides After Canada Retail Sales

Following the release of Canada retail sales for July at 8:30 am ET Friday, the loonie dropped against its major counterparts.

The loonie was trading at 1.3288 against the dollar, 81.25 against the yen, 1.4647 against the euro and 0.9019 against the aussie around 8:31 am ET.

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